HDFCLIFE

HDFC Life Insurance Company Limited (HDFCLIFE): Basic Information

Full Name: HDFC Life Insurance Company Limited
Type: Public Sector Life Insurance Company
Headquarters: Mumbai, Maharashtra, India
Founded: 2000
Parent Company: Housing Development Finance Corporation (HDFC)
Chairman: Deepak Parekh (as of 2025)
CEO & MD: Vibha Padalkar (as of 2025)
Tagline: Sar Utha Ke Jiyo
Industry: Life Insurance and Financial Services

Products and Services:

  • Individual Insurance Plans: Term insurance, savings plans, ULIPs, and whole-life plans
  • Group Insurance Plans: Corporate insurance solutions for employees
  • Pension and Annuity Plans: Securing post-retirement income
  • Health Insurance Riders: Critical illness, accidental death, and disability coverage

Key Financial Metrics (as of 2024):

  • Gross Written Premium: ₹50,000 crore (approx.)
  • Net Profit: ₹1,200 crore (approx.)
  • Market Capitalization: ₹1.1 lakh crore (approx.)

Global Presence:

  • Focuses primarily on the Indian market with an extensive distribution network
  • Strong digital platform for policy purchase and customer support
  • Partnerships with banks and financial institutions for enhanced reach

Recognition:

  • Among the top private life insurers in India
  • Awarded for excellence in customer service and innovation
  • Recognized for financial stability and trustworthiness

HDFC Life Insurance Company Limited (HDFCLIFE) is a leading private-sector life insurer in India, offering a comprehensive range of life insurance and financial solutions. Founded in 2000 and headquartered in Mumbai, the company specializes in term plans, savings plans, ULIPs, and retirement solutions designed to cater to diverse customer needs. Backed by the trust of HDFC, HDFC Life combines innovation, technology, and a customer-centric approach to deliver exceptional insurance services. Its extensive distribution network and strong digital presence make it a preferred choice for millions of policyholders across India.

Like Reliance’s revolutionary impact on industries such as telecom and energy, HDFC Life has redefined the life insurance sector with its focus on affordability, innovation, and customer empowerment. With a commitment to helping individuals live life with dignity and security, HDFC Life continues to lead the way in ensuring financial independence and protection for families and businesses alike. Its excellence in service delivery and product innovation has cemented its reputation as a trusted name in life insurance.

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